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$432,400 Just Listed
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Property Description
This ground-level condo presents a rare opportunity to control a highly flexible space within one of downtown Asheville's most prominent buildings. With direct street frontage and interior building access, the unit offers a level of functionality and versatility that is difficult to find in the urban core. Currently configured as a garage/storage suite, the space is positioned to serve as private parking, storage, or operational extension for nearby office or retail users. Alternatively, its layout and zoning allow for a wide range of adaptive uses ranging from boutique retail or creative studio space to unique concepts such as a speakeasy or private lounge. This commercial unit is only available for purchase as a tie in, in conjunction with one of the other Morrison or Rankin Press condo units owned by the seller. Not available for independent purchase.
Full Property Details
Full Property Details for 39 N Lexington Ave #5
General
- Price: $432,400
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4367803
- Updated: 4/9/2026
- Added to Site: 1 day(s) ago
Location
- County: Buncombe
- Driving Directions: Garage door accessed off Rankin Ave.
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Minimum Avail: 806 Sq. Ft.
- Year Built: 1916
Lot Features
- Street/Road Desc.: Paved
- Rcmdd Zoning: CBD
Disclosures and Reports
- Special Conditions: Undisclosed
- Restrictions: No Representation
- Inclusions: Building
- Property ID: 9649-30-8769-C0005
- Lot Number: 6059/945
Listed by NAI Allen Tate Beverly-Hanks Commercial
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Schools
Schools serving 39 N Lexington Ave #5
School District:Asheville City Schools
| Name | Grades | Distance |
|---|---|---|
Claxton Elementary 241 Merrimon Avenue, Asheville, NC 28801 | K-5 | 0.8 mi |
Isaac Dickson Elementary 125 Hillside Street, Asheville, NC 28801 | K-5 | 0.8 mi |
Asheville High 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.6 mi |
Asheville Middle 211 South French Broad Avenue, Asheville, NC 28801 | 6-8 | 0.8 mi |
School Of Inquiry And Life Science 419 McDowell Street, Asheville, NC 28803 | 9-12 | 1.6 mi |
Hall Fletcher Elementary 60 Ridgelawn Road, Asheville, NC 28806 | K-5 | 1.9 mi |
Ira B Jones Elementary 544 Kimberly Avenue, Asheville, NC 28804 | K-5 | 2.3 mi |
Vance Elementary, Asheville, NC 98 Sulphur Springs Road, Asheville, NC 28806 | K-5 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 39 N Lexington Ave #5
Date
Details
Price
Change
Source
4/09/2026
Listed
$432,400
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 39 N Lexington Ave #5
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 39 N Lexington Ave #5
39 N Lexington Avenue #5, Asheville, NC 28801 (MLS# 4367803) is a Commercial property. 39 N Lexington Avenue #5 is currently listed for $432,400 and was received on April 09, 2026. Want to learn more about 39 N Lexington Avenue #5? Do you have questions about finding other Commercial real estate for sale in Asheville? You can browse all Asheville real estate or contact a Coldwell Banker agent to request more information.

